The National Gas Company has announced the acquisition of Trinidad Region Onshore Compressor (TROC) from bp Trinidad and Tobago (bpTT).
In a release on Wednesday, NGC chairman Gerald Ramdeen said, “This acquisition represents a most significant achievement for The National Gas Company of Trinidad and Tobago Limited (NGC) and for Trinidad and Tobago’s energy sector. The acquisition of TROC represents NGC’s new, bold and strategic vision to promote and guarantee energy security that will assure the best interests of NGC, our country and the investments made on behalf of our people.”
The release stated TROC is a critical component of Trinidad and Tobago’s gas infrastructure as it is used in maintaining line pressure, and optimising gas flow from upstream gas producers to downstream customers via NGC’s 56” Cross Island Pipeline (CIP), which spans the country from Guayaguayare to Atlantic’s LNG facility in Point Fortin.
NGC said this asset will allow the company to leverage its proven capability to enhance network performance.
The release said TROC will allow NGC to “Unlock incremental volumes from mature fields:
• By maintaining optimal compression, TROC will help sustain and potentially increase production from mature gas fields, extending their economic life and maximising resource recovery to the domestic and LNG markets;
• Improve System Reliability, ensure consistent delivery of natural gas to downstream customers by maintaining continuous flow through NGC’s Trinidad Generation Unlimited Alternative Gas Supply Station (TAGSS), thereby securing connectivity between the domestic network and the Cross Island Pipeline.”
Additionally, the release said, TROC would enhance operational control through the provision of greater flexibility in managing pipeline pressures and optimising throughput and enable future growth through the facilitation and integration of upcoming projects and support of long-term sustainability goals.
Mr Edmund Subryan, president (Ag), NGC said, “By acquiring TROC and bringing this asset under NGC’s management, we are reinforcing our commitment to operational excellence and ensuring that our customers and stakeholders benefit from a more resilient and efficient gas network.”
